HOUSTON, Jan. 02, 2026 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) announced today it has completed the sale of its chemical business, OxyChem, to Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $9.7 billion in cash, subject to customary purchase price adjustments.
“This transaction accelerates our strategy to strengthen Occidental’s balance sheet and focus on our deep and diverse oil and gas portfolio which we have transformed over the last decade. We expect to operate our high-return oil and gas assets to deliver long-term value while driving innovation across our businesses,” said President and Chief Executive Officer Vicki Hollub. “We thank the OxyChem team for their decades of excellence and commitment to building a world-class enterprise, and we look forward to their continued success in the years ahead.”
As previously disclosed,...
New Credit Leadership at Plumas Bank Reinforces Strength, Experience and Growth
Written by Customer Service on . Posted in Public Companies.
QUINCY, Calif., Jan. 02, 2026 (GLOBE NEWSWIRE) — Plumas Bank, a wholly-owned subsidiary of Plumas Bancorp, has announced recent changes to its credit administration leadership team. Effective Jan. 1, 2026, Kevin Kaiser, formerly senior vice president and credit administrator, has been promoted to executive vice president and chief credit officer. In addition, Ryan Riggan, formerly senior vice president and SBA credit manager, has assumed the role of credit administrator. Former Executive Vice President and Chief Credit Officer Jeff Moore announced his planned career retirement in October 2025, and Kaiser was named his successor. Moore’s last day was December 31, 2025.
Kaiser, who joined Plumas Bank in 2014, offers extensive experience in commercial and agricultural lending and a deep knowledge of the bank’s markets gained during...
Lassila & Tikanoja Plc’s financial information and AGM in 2026
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Lassila & Tikanoja PlcStock exchange release 2 January 2026 at 4.15 PM
Lassila & Tikanoja Plc’s financial information and AGM in 2026
In the year 2026 Lassila & Tikanoja Plc will disclose financial information as follows:
Financial Statements Release 2025: Friday 27 February 2026 at 8.00 amInterim Report January – March: Wednesday 6 May 2026 at 8.00 amHalf-year Financial Report January – June: Thursday 6 August 2026 at 8.00 amInterim Report January – September: Wednesday 28 October 2026 at 8.00 am
Lassila & Tikanoja Plc’s Annual Report 2025 will be published on the Group’s website at www.lt.fi/en during week 15.
The Annual General Meeting is tentatively scheduled for Tuesday 28 April 2026. The Board of Directors will decide on the summoning of the meeting at a later date.
LASSILA & TIKANOJA PLC
Hilppa RautpaloSenior...
Astec Completes Acquisition of CWMF, LLC
Written by Customer Service on . Posted in Mergers And Acquisitions.
Revenue growth potential, margin expansion, EPS accretive
Purchase price of $67.5 million in cash, on a cash-free, debt-free basis
Synergies expected by end of year one
Expected proforma net leverage ratio of 1.5 – 2.5x net debt/adjusted EBITDACHATTANOOGA, Tenn., Jan. 02, 2026 (GLOBE NEWSWIRE) — Astec Industries, Inc. (NASDAQ: ASTE) (“Astec” or “Company”) today announced the completion of its acquisition of CWMF, LLC (“CWMF”). Astec anticipates the acquisition will increase gross profit margins, adjusted EBITDA margins and earnings per share.
Jaco van der Merwe, Astec President and CEO said: “We are pleased to welcome the CWMF employees into the Astec family. CWMF has strong customer relationships in the Midwest, South-Central and Great Lakes regions of the United States and is an excellent cultural fit with Astec. The...
Lantheus Announces Closing of SPECT Business Sale to SHINE Technologies
Written by Customer Service on . Posted in Mergers And Acquisitions.
BEDFORD, Mass., Jan. 02, 2026 (GLOBE NEWSWIRE) — Lantheus Holdings, Inc. (“Lantheus” or the “Company”) (NASDAQ: LNTH), the leading radiopharmaceutical-focused company dedicated to helping clinicians Find, Fight, and Follow disease to deliver better patient outcomes, today announced it has completed the previously announced sale of its single photon emission computed tomography (SPECT) business to SHINE Technologies, LLC, a subsidiary of Illuminated Holdings, Inc. (collectively, “SHINE”). Under the terms of the agreement, SHINE has acquired Lantheus’ SPECT business, including its diagnostic agents (TechneLite® (Technetium Tc 99m generator), NEUROLITE® (Kit for the Preparation of Technetium Tc 99m Bicisate for Injection), Xenon Xe-133 Gas (Xenon Xe-133 Gas), and Cardiolite® (Kit for the Preparation of Technetium Tc99m Sestamibi for...
GigaCloud Technology Inc Completes Acquisition of New Classic Home Furnishings
Written by Customer Service on . Posted in Mergers And Acquisitions.
EL MONTE, Calif., Jan. 02, 2026 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it has completed the acquisition of New Classic Home Furnishings, Inc. (“New Classic”), a U.S.-based distributor serving the home furnishings market.
Founded more than 25 years ago in Fontana, California, New Classic serves over 1,000 retailer customers and offers a broad portfolio of more than 2,000 SKUs. The acquisition strengthens GigaCloud’s growing ecosystem by adding a well-established wholesale business with broadened retailer relationships and a proven product assortment.
“Closing this acquisition represents another important step in executing our strategy to streamline large-parcel commerce,” said...
StorageVault Announces Issuance of Options
Written by Customer Service on . Posted in Public Companies.
TORONTO, Jan. 02, 2026 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) has granted 1,600,000 options to purchase common shares of StorageVault to directors, officers, employees and consultants of StorageVault. The options were issued with an exercise price of $4.71 per common share and an expiry date of December 28, 2035.
About StorageVault Canada Inc.StorageVault currently owns and operates 265 storage locations across Canada. StorageVault owns 232 of these locations plus over 5,000 portable storage units representing over 13.2 million rentable square feet on 767 acres of land. StorageVault also provides last mile storage and logistics’ solutions and professional records management services, such as document and media storage, imaging and shredding services.
For further information, contact Mr. Steven...
Watsco Declares $3.00 Quarterly Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
MIAMI, Jan. 02, 2026 (GLOBE NEWSWIRE) — Watsco, Inc.’s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026.
Watsco has paid dividends to shareholders for 52 consecutive years. The Company’s philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco’s overall financial condition.
About WatscoWatsco is the largest distributor in the highly-fragmented $74 billion North American HVAC/R market. Since entering distribution...
Rail Vision’s Advanced Railway Safety Technology to Be Showcased at CES 2026 by Israel Railways
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Ra’anana, Israel, Jan. 02, 2026 (GLOBE NEWSWIRE) — Rail Vision Ltd. (Nasdaq: RVSN) (the “Company”), an early commercialization stage technology company seeking to revolutionize railway safety and the data-related market, announced today that its innovative products will be featured at the upcoming CES 2026 exhibition through a presentation by its valued customer, Israel Railways.
Israel Railways, a long-standing client of Rail Vision, will showcase Rail Vision’s cutting-edge technologies at the Israel National Pavilion as part of its broader display of advanced rail innovations. Rail Vision’s AI-driven systems will be demonstrated to visitors to the booth alongside with other breakthrough technologies deployed in Israel Railways’ national network.
This collaboration underscores the real-world impact of Rail Vision’s...
Viewbix Spotlights Quantum X Labs – Israel’s Multi-Disciplinary Quantum Hub
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Tel Aviv, Israel, Jan. 02, 2026 (GLOBE NEWSWIRE) — In a move poised to reshape the landscape of advanced technologies, Viewbix Inc. (Nasdaq: VBIX) (“Viewbix” or the “Company”), has solidified its commitment to quantum innovation by signing a definitive agreement to acquire up to 100%, but not less than 85%, of Quantum X Labs Ltd., Israel’s multi-disciplinary quantum technology laboratory. This strategic acquisition, announced in mid-December 2025 and expected to close within the next few months, comes at a pivotal moment as quantum technologies transition from lab curiosities to high-impact commercial solutions. The potential acquisition provides deeper insight into Quantum X Labs’ innovations, highlighting potential in the growing quantum sector.
Founded on the vision that quantum progress thrives through interdisciplinary...
